Hilarious.

Short answer: Yes, laundromats can be profitable, but profitability depends on a few factors.

There are two main factors that you can use to track gentrification, so why can't they be used to track the reverse?

Then compare that to what you’d net by listing it as-is—factoring in the time you save and the carrying costs you avoid by not renovating.It might seem straightforward, but once you dive into the numbers, the difference between renovating versus selling as-is can be surprising.

How do you factor that unknown future expense into the ROI?  

Although the percentage of the increase is large, the determinative factors are whether the resulting rent is so great as to shock the conscience of a reasonable person and was effected for the purpose of compelling the tenant to vacate."

The limiting factor right now is not speculation or a lack of euphoria--it's simply affordability. 

My wife and I did come the the same conclusion on most of those same factors when we were looking in the north by Venice and Aviano. 

He told us his hourly wage (when he hilariously tried to charge us money for him doing math to correct our "mistakes"), and so that $800 represented a 40-hour work week. 

Obviously, two factors are responsible for what will likely be more than doubling our money in 3 years.  1.